Merge Blog

Over the past years regulators worldwide have been dealing with and addressing the increasing size, complexity and resulting risks posed by the crypto industry. It hardly comes as a surprise to anyone who is involved day-to-day with this industry, whether directly as a trader, investor, journalist, or just curious bystander that compliance plays a key role in how crypto companies and their products need to be built and managed.

Full disclosure: this isn’t yet another blog post about the banking sorry saga which started in the US with the closure of Silvergate, Silicon Valley Bank (SVB), Signature and a few more regional banks; and it isn’t a story about how the UK Government quickly stepped in to ensure HSBC rescued SVB’s UK business and the UK fintech sector for a modest £1.

Cryptocurrencies and blockchain technology have gained significant popularity and adoption in recent years. As the crypto market is growing, regulators around the world have been grappling with the challenge of effectively overseeing this emerging asset class.

The financial landscape is experiencing a monumental shift, one that could potentially redefine our approach to transactions. As we move further into the digital age, the era of paper money—a dependency we’ve carried for a millennium—is gradually ending.